Neusoft Corporation Posted 32.2 Million Yuan Net Loss in First Quarter of 2022

Neusoft Corporation (东软集团股份有限公司) (600718.SH) reported a net loss of 32.2 million yuan in the first quarter of 2022, narrowing 54.1% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 8.9% year-on-year.

At the end of the reporting period, it had 18.2 billion yuan in total assets and 8.5 billion yuan in total liabilities, with a liability-to-asset ratio of 46.9%.